Thursday, 17 October 2013

INQUIRER.net: Tokyo stocks flat in early trade

INQUIRER.net
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Tokyo stocks flat in early trade
Oct 18th 2013, 01:54

TOKYO--Tokyo shares were flat in opening trade on Friday, weighed down by a stronger yen and lingering concerns over the US economy. The Nikkei 225 index was up 0.08 percent, or 11.26 points, to 14,597.77 in the first 30 minutes of trade. The lackluster opening came after US investors powered the S&P 500 to an all-time high Thursday, one day after Washington politicians reached a deal to reopen the government and avert a feared debt default. The S&P 500, the broadest of the major measures of US markets, closed at 1,733.15, up 0.67 percent -- more than seven points above the previous record closing high of 1,725.52, reached on September 18. The Dow Jones Industrial Ave...

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